He’s the new president at Princeton, so there’s new hope the school will increase its visibility. “It’s the 800-pound gorilla that nobody hears about, yet it is a major economic engine,” one insider said. That could change. A court battle is under way that challenges the school’s tax-exempt status. “Are they paying their fair share for municipal services?” our insider asked. “It is a big tax appeal case that will be looked at by a lot of jurisdictions nationally.”